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America's housing shortage is keeping home prices high
(www.axios.com)
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this post was submitted on 20 Jun 2023
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This got me thinking, I wonder if the reason they don't fix homelessness is to create artificial scarcity for home values
Of course. The people who run cities are almost always multi-millionare landowners and their friends all have real estate investments too.
They either make it illegal to build densely, or they put obstructions in the permitting process to restrict how much is created.
Our mayor literally has a town named after his family